AMD’s John Taylor kicked off the GPU 14 event after a rather embarrassing delay. He was upbeat though.

“We’ve got something very special for you,” he said. “Well worth the wait.”Taylor then introduced Radeon boss Matt Skynner, who showed a clip from Dying Land, a 2014 title. He stressed the importance of good audio experience and went on to talk about AMD’s unified gaming strategy.

“From console, to PC client, to cloud gaming, with AMD’s unified gaming strategy,” he said. Skynner stressed that content developers are key to the new approach. “AMD is the foundation for high end gaming platforms, moth on consoles and on the PC. And that is something our competitor cannot do,” he said.

He also stressed that it is possible to come up with a more efficient programming model, leveraging the same tech used in PCs and consoles. Skynner said AMD’s goal is to help developers come up with more immersive, ultra realistic games.

“We’re trying to get realism on the screen,” he said. Skynner then mentioned a few developers, including Crytek, Irrational and other outfits. “We feel we are helping change the gaming industry. Every single next-gen console is built on AMD technology.”

Skynner also brought up Never Settle bundles and said AMD is focusing on the future, such as 4K/UHD and with UHD the need for GPU processing power grows rapidly. He noted that the PC gaming industry is growing, according to Jon Peddie and it will go from $18 billion to $21 billion by 2016.

Update:Sorry - the webcast died before the show even kicked off. Let's hope someone fixes it. The even hasn't kicked off yet.

Update 2: AMD says the new livestream link is bit.ly/gpu2014 - not working for us very well. And it's Lady Gaga right now.

Update 3: The event is set to start in ten minutes (9pm GMT), an hour behind schedule. No stream yet.

AMD’s first big launch bash in years has kicked off and you can check out a webcast here. We’ll be keeping a close eye on the webcast, while our dear leader will be going after some spicier details behind the scenes.

Of course, there is a very good reason AMD flew almost a hundred hacks and hackettes halfway across the globe. The company is about to shed a bit more light on upcoming products and technologies, including Hawaii.

Don’t expect a traditional product launch though. The cards should hit the channel next month, but in an hour or so we’ll know what to expect.